Price is approaching our first resistance level where we might see a corresponding drop.
Entry : 1.2747
Why it's good : Horizontal swing high resistance, 23.6% Fibonacci retracement, 61.8% Fibonacci extension
Stop Loss : 1.2872
Why it's good : Horizontal pullback resistance, 38.2% Fibonacci retracement
Take Profit : 1.2578
Why it's good : 78.6% Fibonacci retracement, horizontal swing low support